April 12 (Reuters) - Bankrupt crypto exchange FTX has recovered over $7.3 billion in cash and liquid crypto assets, an increase of more than $800 million since January, the company's...
Companies Genesis Global Ltd Follow Feb 9 (Reuters) - Crypto lender Genesis Global has settled a lawsuit that the New York Attorney General brought against it last year, eliminating a major...
The settlement with New York Attorney General Letitia James is structured so that assets that could have otherwise gone to state authorities will instead be returned to former Earn customers and other Genesis creditors. The deal must be approved by a bankruptcy judge and follows a settlement Genesis struck resolving a separate complaint over the Earn program brought by the US Securities and Exchange Commission. James sued Genesis, its parent company Digital Currency Group and Gemini last October, accusing the crypto firms of defrauding customer ...
New York Attorney General Letitia James has secured a $2 billion settlement with bankrupt cryptocurrency firms Genesis Global Capital, Genesis Asia Pacific, and Genesis Global Holdco. The...
a : a debtor (such as an individual or an organization) whose property is subject to voluntary or involuntary administration under the bankruptcy laws for the benefit of the debtor's creditors ; b : a person who becomes insolvent
Follow NEW YORK, Aug 4 (Reuters) - Alex Mashinsky, the founder and former chief of the now-bankrupt cryptocurrency lender Celsius Network, must face a lawsuit by New York Attorney General...
It is imbecilic and going exactly nowhere," wrote former federal prosecutor Harry Litman, adding, "The morally bankrupt and completely perverse House of Representatives just voted to hold...
Over-the-counter (OTC) stocks listed on the FINRA Bulletin Board or on the Pink Sheets carry substantial risks for traders. The potential bankruptcy of the company is the ultimate risk, and in this regard OTC stocks are no different than their counterparts on the more reputable financial exchanges such as the New York Stock Exchange and the NASDAQ. In most cases, the shares of a company that goes through the bankruptcy process become worthless. This is the case for both private and publicly trad...
Bankrupt crypto exchange FTX has recovered more than $7.3 billion in both cash and crypto... Criminal attorneys said that SBF is at risk of spending the rest of his life in prison Bankman...
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